Why would India be leading China in anything? Much less land mass, less natural resources, less education, less infrastructure...
India had to a degree less centralize planning affecting its economy than China back in the day when India was head deep into socialist attempts to control major segments of the economy prior to 90's free market reforms. Thus India had a chance to quickly pass up China once it head toward a path of free-market reforms but its government has so far been its biggest hinderance and obstacle in acting as a anchor to expanding these reforms to entire sectors still dominated by government regulation and/or control in its economy.
Additionally India does have lots of natural resources to tap from and it is not a resource poor country. Which is what can say about Japan for example where approximately only 20% of its landmass is suitable for building upon and roughly 11% to 12% suitable for farming and they must rely upon the importation of metals, fuel and other resources.
http://en.wikipedia.org/wiki/Natural_resources_of_India
Education wise that is also an issue in which the Indian government has failed to adequately address over the decades in the nation. However China has until the the 90's also suffered from educational issues. Especially with its citizens in rural parts of China who historically have had higher illiteracy rates.
However since China has boomed economically this has caused a rather large population shift/migration of people from rural areas into cities and opened up many opportunities and incentives for individuals in China to seek out educational opportunities. This economic boom has also lowered the cost of entry to parents seeking to have their child educated and having the means by which they can afford to pay for that education.